The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
The UK may wait too long to commit to Rolls Royce SMRs; other countries may get these sooner. More mega stations with mega over-spend?
Does ammonia feature in ITM thinking?
Solar power converted to Hydrogen would be better generated in sunnier places. I think Germany has spotted S Africa. For sure, we will need energy in vast quantities when winter comes with no wind or sun and just when EVs and badly insulated homes try to survive without hydrogen as a back-up energy source to provide at least 20% of our gas and an ideal fuel for HGVs and many energy-guzzling industries
What chance that the UK will wake up to the many opportunities associated with Hydrogen? We should follow Germany's example and generate solar power where the sun shines, convert it to green hydrogen and leave our on-shore wind power at current levels. There might be opportunities to tie in with our overseas aid and in so doing kill two birds with one stone.
The sun shines in Morocco. An ideal place to make Hydrogen which could then be tankered anywhere. Cheaper that a cable.
Of course, rockets need hydrogen. Shetland has plenty of wind. All that's needed is ITM to convert wind powered electricity into hydrogen and rockets to put it in. Simple!
There is a new company (Shetland Space Ltd) which aims to be a launch site for minature space rockets. There is a need for cheaper, smaller rockets to carry minature gadgets into low orbit space. Look what has happened to mobile phones and computers over the past 30 years: smaller, cheaper, more capable. Shetland Space is an EIS opportunity....
Yes, but according to Biloburger, neither the JCB or Deutz will work. They will be inefficient and prone to insoluble upper cylinder difficulties. Often, apparently insoluble problems do get solved. Where there's a will and a great deal of money the necessary research will (hopefully) produce a viable solution.
Bileburger says this won't work but I don't understand his reasoning. Its to do with the basic inefficiency of direct use in an internal combustion engine?? Please, would he or someone explain why this is so, because on the face of it the JCB reasoning looks entirely sensible.
So, if blue stuff is out, where will the volume come from to justify a supply network of just green? also out of favour is nuclear. What an opportunity for a govenment-supported tie up involving Rolls Royce's SMR and ITM - exclusively for greenish hydrogen. There will be a massive deficit of electricity supply in years to come - especially during winter periods of anticyclonic gloom, when the wind does not blow, the sun does not shine and winter-hating heat pumps and EVs will be starved. The government seems to be sleep-walking into a political trap that will leave quite minor mistakes during COVID look excusable. Power cuts are unforgiveable. ITM are in a chicken and egg position in which they need volume sales to get its prices down; then, see the orders coming flowing in. Don't blame Dr. Cooley. He is in the same position of most new industries where potential customers wait to see what other people do and when the price may come down. A combined SMR/ITM facility would work wonders. If we don't do something like that, the innovation and engineering capability of those two companies will be squandered.
Yes, very interesting - in spite of what Mr. Bilboburger says and our government apathy. Seems the US may be getting the hang of it though.
There is some logic in using hydrogen directly in an existing IC engine type. That way, there's no loss in converting it back into electricity and no wasted raw materials in batteries and copper wire. Both Bamfords have a case and there's room for both approaches.
renewables + nuclear absolutely have to have back-up which can be fired up quickly and in seriously large amounts. Government should see this and not rely on Russia, Middle East and US to supply the low emission fuels to supply the generators. With a weak pound, home-produced gas must be a no-brainer.